4906 W Erie Street — Chicago, IL 60644
Active
▼ $26,000
Chicago, IL 60644

4906 W Erie Street

$499,000
7 beds · 3 baths
$26,000 below original 23 days on market $5,233/yr taxes
01About this home

Prime Investment Opportunity---Renovated Multi-Unit Gem Offering Flexible Income or Spacious Family Residence. Beautifully updated multi-unit building featuring two spacious apartments and a large garden unit, ideal for savvy investors seeking high cap rates or for a large extended family with all this space. 3 bedroom upper unit--1200SF, 2 bedroom lower unit--1000SF, and garden unit with 3 multi-purpose rooms. Three full bathrooms throughout. Property Highlights: Fully renovated with high-quality finishes throughout. All new windows and brand new appliances. Modern can lighting, designer neutral paint, and upgraded flooring. Newly refinished front and rear staircases. Secure 6-foot wood privacy fence in front. Separate back porches for both main units plus a spacious 25x25 backyard perfect for grilling and outdoor enjoyment. Kitchens & Baths--- Granite countertops, white shaker-style cabinets, and deep double-bowl sinks. Stainless steel appliances (stove, microwave, refrigerator) Bathrooms feature marble tile, vanities, and tub/shower combinations (garden unit has a large walk-in shower) Mechanicals & Systems---Separate forced-air heating for each uni. Two 100-amp electrical services plus a 100-amp common panel. This turnkey property offers excellent income potential with modern updates, desirable layouts, and strong tenant appeal.Perfect for investors looking to maximize returns or a large extended family looking for space. Included is a newer two car garage plus a wood security fence in front. Current taxes are very low. RIGHT next to Nash Elementary, very close to Ronald McNair Elementary School. 12 minute walk to the Lake-Cicero Green Line L, RAPID access east and west. Close to lots of shopping and restaurants. Easy access to Chicago Avenue, North Avenue, and 290. 6 minute drive to I-290

02Inside the home
03By the numbers
$499,000
List price
Square feet
7
Bedrooms
3
Bathrooms
1905
Year built
0.07 ac
Lot size
2
Garage spaces
$5,233
Annual taxes
Two to Four Units
Style
23
Days on market
04Features
Heating
Natural Gas
Parking
Garage Door OpenerDetachedGarage
Construction
Brick
Equipment
Ceiling Fan(s)
Sewer
Public Sewer
05Neighborhood
This home EElementary school
E Elementary school
Nash Elementary School
Chicago, IL
📍<0.1 mi🚗1 min🚶1 min
  • McDonald's 0.4 mi
  • Subway 0.5 mi
  • Culver's 0.7 mi
  • Whale Fish and Chicken 0.8 mi
  • McDonald's 0.8 mi
  • The Licking 0.9 mi
  • Marathon 0.3 mi
  • Citgo 0.4 mi
  • Citgo 0.5 mi
  • Marathon 0.6 mi
  • Mobil Mart 0.7 mi
  • Marathon 0.8 mi
  • Ohio Park 0.2 mi
  • Hubbard Park 0.3 mi
  • Sweet Clover Park 0.3 mi
  • Cottonwood Park 0.7 mi
  • Augusta Park 0.7 mi
  • Levin Park 0.7 mi
  • Dunkin' 0.4 mi
  • Urban Essentials Coffee Café 0.5 mi
  • Starbucks 1.2 mi
  • New Sound Cafe 1.4 mi
  • PTCI 1.4 mi
  • Dunkin' 1.4 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 7, 2026
Price reducedThis listing
EXIT Strategy Realty
$499,000
−$26,000
May 17, 2026
Listed for saleThis listing
EXIT Strategy Realty
$525,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by EXIT Strategy Realty · Alberto Gonzalez · 773-294-7534
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12650514
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